Sourabh Chandrakar, a name that was once associated with a humble juice shop in Chhattisgarh, has become synonymous with a massive online betting scam. Recently, he was arrested in Dubai following an Interpol Red Corner notice issued at the request of the Enforcement Directorate (ED). The ED, along with the Central Bureau of Investigation (CBI) and Chhattisgarh Police, is currently working to extradite him.
The ED alleges that the Mahadev Online Book Betting App, orchestrated by Chandrakar, served as an umbrella syndicate for a complex network of illegal activities. This app facilitated online betting, enrolled new users, created user IDs, and laundered money through a web of benami bank accounts. The app targeted vulnerable individuals, including unemployed youth, students, and farmers, luring them with promises of quick and easy profits.
Chandrakar’s journey from a juice shop owner to a suspected kingpin is a fascinating tale. He, along with his business partner Ravi Uppal, an engineering graduate, moved to Dubai in 2019. Initially, they worked as local bookies before launching the Mahadev betting app. The app’s success allowed them to live a lavish lifestyle, culminating in Chandrakar’s extravagant wedding in Ras Al Khaimah, UAE in February 2023. This wedding, which cost a staggering ₹ 200 crore, included private jets for transporting relatives from India and performances by renowned celebrities.
The ED estimates that the Mahadev app generated a staggering ₹ 6,000 crore in proceeds from illegal betting. They allege that a portion of these illicit funds were used to bribe politicians and bureaucrats in Chhattisgarh. The ED has summoned celebrities and Bollywood actors to investigate their connections to the app and the nature of the payments they received.
The investigation into the Mahadev betting scam has intensified. The ED has arrested 11 individuals and filed two chargesheets. Authorities have seized assets worth ₹ 417 crore, including cash and properties. As the investigation continues, the focus remains on dismantling this elaborate network and bringing those responsible to justice. This case serves as a stark reminder of the dangers of online betting and the importance of combating financial crimes.
